Canada

INFOGRAPHIC: Quick primer on cobalt and batteries

MINING.com Editor | April 24, 2014
tesla-table

By 2020, cobalt used in rechargeable batteries for everything from cellphones to cars could be greater than today's total global refined market.

Andrew Coleman wants to know if you are ready for the global oil surplus

The Energy Report | April 25, 2014

In this interview with The Energy Report, Coleman explains the international supply/demand disparity and tells us which oil and gas producers he values highest in an uncertain energy market.

Construction, not mining lifts Caterpillar’s profit

Cecilia Jamasmie | April 24, 2014
Construction, not mining lifts Caterpillar’s profit

The world’s largest maker of heavy machinery posted a 5% increase in quarterly profit, beating analysts’ estimates.

Public muzzled in Trans Mountain debate, critics say

Business in Vancouver | April 24, 2014
Public muzzled in Trans Mountain debate, critics say

Unlike it happened for the Northern Gateway project, there will be no public hearing schedule for the Trans Mountain pipeline.

First seabed mine to go ahead as Nautilus solves dispute with PNG

Cecilia Jamasmie | April 24, 2014
First seabed mine to go ahead as Nautilus solves dispute with PNG

Under the agreement, the Papua New Guinea government paid Nautilus $7 million, which entitles it to a 15% stake in the project, with an option to increase it by another 15% in the next 12 months.

CHART: So far so good on the 3-year gold, silver stocks rule

Frik Els | April 23, 2014
CHART: So far so good on the 3-year gold, silver stocks rule

In three decades, the Philadelphia Gold & Silver Index has never declined four years in a row.

Cecilia Jamasmie

Barrick-Newmont merger could be as good as gold

Cecilia Jamasmie | April 23, 2014
Barrick-Newmont merger could be as good as gold

The new gold giant would have a market value of $33 billion, operations on five continents, and a gold output of well over 12 million ounces a year.

Tommy Humphreys

Canada re-vitalises diamond exploration 25 years on

Tommy Humphreys | April 23, 2014
News Snag

Canada’s newest diamond exploration company, Margaret Lake Diamonds Inc. commenced trading this morning on the TSX-Venture Exchange under the symbol DIA.

Canada says whales no longer in danger as oil pipeline verdict looms

Cecilia Jamasmie | April 23, 2014
Canada says whales no longer in danger as oil pipeline verdict looms

Despite objections from several groups, the Harper government declared over the weekend the humpback a "species of special concern" under the Species at Risk Act (SARA).

Night of the living dead miners: rare earth 'zombies' attack ASX, TSX

The Mining Report | April 23, 2014
Molycorp scares shell-shocked investors once again

In 2010, rare earth and specialty metals market froth had speculators throwing money at a sector they didn't understand, and opportunistic resource company managers stepped up to take their money.

Teck invests further in Halifax’s Erdene to expand copper exploration in Mongolia

Cecilia Jamasmie | April 22, 2014
Teck invests further in Halifax’s Erdene to expand copper exploration in Mongolia

Erdene Resource owns the Altan Nar gold-polymetallic project, located in southwest Mongolia, 200 kilometres from the border with China.

Teck to axe 600 jobs, postpones Quintette coal mine restart

Cecilia Jamasmie | April 22, 2014
Teck to axe 600 jobs, postpones resuming Quintette coal mine

Weak commodity prices hurt Teck's three core business units —coal, copper and zinc— but coal was particularly hard hit due to increased supply from Australia, the company said.

Frank Holmes - U.S. Global Investors

Why energy is catching the market’s eye

catching eye frank holmes oil and gas

Value stocks rarely outpace the market as much as growth stocks do.

Suncor Energy employee dies from severe injuries in oil sands

Cecilia Jamasmie | April 21, 2014
Suncor Energy employee dies from severe injuries in oil sands

Suncor said it is working with the RCMP and Alberta Occupational Health and Safety to complete a full investigation into the incident.

Diamonds may be forever, but current prices are not— experts

Cecilia Jamasmie | April 21, 2014
Diamonds may be forever, but current prices are not— experts

Despite billions spent on exploration, only around 30 significant diamond mines are currently in production.

Caterpillar to sell its Rantigny plant in France

Cecilia Jamasmie | April 21, 2014
Caterpillar to sell its Rantigny plant in France

Over the past year, Caterpillar has closed or announced plans to shutter several plants in the US, Canada and Europe.

Canada to lose 695 coal mining jobs in same province bringing Chinese workers

Cecilia Jamasmie | April 21, 2014
Canada to lose 695 coal mining jobs in same province bringing Chinese workers

While Walter Energy shuts down two coal mines, leaving hundreds unemployed, HD Mining International plans to bring up to 480 Chinese workers to British Columbia.

Gold mining comes back to Nova Scotia

Cecilia Jamasmie | April 20, 2014
Gold mining comes back to Nova Scotia

The Canadian province has experienced three relatively short-lived gold rushes over the past 150 years, but the persistent issue has been profitably. Now, the problem seems finally resolved.

WSJ: Newmont, Barrick merger talks break down

Frik Els | April 18, 2014
WSJ: Newmont, Barrick merger talks break down

World's top gold producers tried and failed again to tie-up.

One more reason iron ore price won't stray too far from $120

Frik Els | April 18, 2014
One more reason iron ore price won't stray far from $120

Beijing's strategy to consolidate the domestic iron ore industry under six to eight large miners has been met with skepticism.

Keystone XL decision delayed again

Frik Els | April 18, 2014
TransCanada`s Keystone XL won`t increase emissions significantly

Pipeline project crucial to oil sands development pushed out another year.

We have to talk about Fanya Metal Exchange

Frik Els | April 18, 2014
We have to talk about Fanya

The rare earth storm has passed, but a new critical metal conundrum could be ahead for the West.

Lack of social licence

Prince George Free Press | April 18, 2014
bc lack of social licence feat

The federal government has the authority to approve Northern Gateway without the support of a majority of residents. The question for the Prime Minister and his cabinet is should they ignore the will of the people, particularly when they've made their wishes known in a formal vote?

Ex-US president Jimmy Carter comes out against Keystone XL

Cecilia Jamasmie | April 16, 2014
Ex-US president Jimmy Carter comes out against Keystone XL

He is first US former president to urge the current administration reject TransCanada's pipeline.

Yamana, Agnico Eagle offer $3.9bn for Osisko

Cecilia Jamasmie | April 16, 2014
Yamana, Agnico Eagle offer $3.9bn for Osisko

Investors will now be watching to see if Goldcorp tries to top the joint bid.

Cecilia Jamasmie

Rio Tinto iron ore output hit by bad weather in Australia, Canada

Cecilia Jamasmie | April 16, 2014
Rio Tinto iron ore output hit by bad weather in Australia, Canada

Production of the steel-making material, however, increased by 16%, which means the miner is on track to meet its full-year target.

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